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# how much will a \$2000 investment earn if it earns 10%, and the interest is compounded annually. How much will the investment earn if compounding

how much will a \$2000 investment earn if it earns 10%, and the interest is compounded annually. How much will the investment earn if compounding occurs monthly?
How is an annuity different from a lump sum investment?

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(a) How much will a \$2000 investment earn if it earns 10%, and the interest is compounded
annually.
Future Value of \$2,000 at 10%
= 2,000 x 1.100
= \$2,200
(b) How much will the investment earn if...

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